Hi-Klass Trading And Investment (BOM:542332) Total Assets : ₹37.13 Mil (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Hi-Klass Trading And Investment Total Assets?

Hi-Klass Trading And Investment's Total Assets for the quarter that ended in Mar. 2024 was ₹37.13 Mil.

During the past 12 months, Hi-Klass Trading And Investment's average Total Assets Growth Rate was 2.60% per year. During the past 3 years, the average Total Assets Growth Rate was -1.40% per year. During the past 5 years, the average Total Assets Growth Rate was -5.40% per year. During the past 10 years, the average Total Assets Growth Rate was -0.60% per year.

During the past 11 years, Hi-Klass Trading And Investment's highest 3-Year average Total Assets Growth Rate was 8.40%. The lowest was -10.40%. And the median was -1.25%.

Total Assets is connected with ROA %. Hi-Klass Trading And Investment's annualized ROA % for the quarter that ended in Mar. 2024 was 5.06%. Total Assets is also linked to Revenue through Asset Turnover. Hi-Klass Trading And Investment's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Hi-Klass Trading And Investment Total Assets Historical Data

The historical data trend for Hi-Klass Trading And Investment's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hi-Klass Trading And Investment Total Assets Chart

Hi-Klass Trading And Investment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

50.16

38.51

38.54

36.78

37.13

Hi-Klass Trading And Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															36.78	-	25.47	-	37.13

Hi-Klass Trading And Investment Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Hi-Klass Trading And Investment's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	24.866	+	12.265
	=	37.13

Hi-Klass Trading And Investment's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	24.866	+	12.265
	=	37.13

Hi-Klass Trading And Investment (BOM:542332) Total Assets Explanation

Total Assets is connected with ROA %.

Hi-Klass Trading And Investment's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1.88	/	( (0	+	37.131)	/ 1 )
	=	1.88	/	37.131
	=	5.06 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hi-Klass Trading And Investment's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1.543	/	( (0	+	37.131)	/ 1 )
=	1.543	/	37.131
=	0.04

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hi-Klass Trading And Investment Total Assets Related Terms

Thank you for viewing the detailed overview of Hi-Klass Trading And Investment's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Hi-Klass Trading And Investment (BOM:542332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hi-Klass Trading And Investment Ltd (BOM:542332) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veer Nariman Road, Office No 15, 2nd Floor, Plot No 24, Rehman Building, Hutatma Chowk, Fort, Mumbai, MH, IND, 400 001

Website

https://www.hiklass.co.in

Hi-Klass Trading And Investment Ltd is engaged in trading and investments in shares, stocks, securities, and properties and extends short term loans to corporate and Firms/high net worth individuals. The Business of the company falls under a single segment i.e. Financial Activities.

Hi-Klass Trading And Investment (BOM:542332) Headlines

No Headlines